U.S. job growth accelerated in May and the unemployment rate dropped to an 18-year low of 3.8 percent, pointing to rapidly tightening labor market conditions, which could stir concerns about inflation.
After passing President Donald Trump’s tax-reform package last year, the House Ways and Means Committee appears poised to tackle welfare reform next.
The average American is more optimistic about their ability to find a job under the Trump administration than at any point previously recorded, according to a new poll.
U.S. job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 percent as some jobless Americans left the labor force.
The U.S. economy slowed in the first quarter as consumer spending grew at its weakest pace in nearly five years, but the setback is likely temporary against the backdrop of a tightening labor market and large fiscal stimulus.
Less than six months old, the tax reform law championed by President Donald Trump is already fueling an increasingly positive economic outlook for state governments across the country. A new report released Tuesday by the American Legislative Exchange Council (ALEC) found that closed loopholes and deductions at the federal level are resulting in increased revenue …
A plurality of Democrats believe President Donald Trump deserves credit for the current state of the economy, rather than former President Barack Obama, according to a new poll.